Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Take a look at the other 1st June trades done at around the same time of the day (you can go back upto 1 week using the show more trades feature within this LSE BB).
Those two delayed 5 million share trades on 1st June were buys (Bid/Ask was 1.2/1.3 at the time). Interesting…..
Being reported in the news this morning.
https://www.voanews.com/a/biden-to-use-executive-action-to-spur-solar-projects-hit-by-probe---sources-/6604848.html
Here’s the Biden news which should be positive for silver demand…
https://www.voanews.com/a/biden-to-use-executive-action-to-spur-solar-projects-hit-by-probe---sources-/6604848.html
Compare the mcaps…….not the SPs.
Link ?
It’s still way way undervalued at sub 50p….
@BigBiteNow……latest Twitter post for SRB. His excellent summary of the Crux interview.
https://twitter.com/BigBiteNow/status/1533724020486688770
Nasdaq listed (ticker: TROW) with a market cap of 28.4 Billion USD. Has circa 1.4 Trillion USD worth of investments in its funds according to website…….not too shabby.
http://troweprice.gcs-web.com/
Good to see Empire promptly proceeding with Eclipse/Gindalbie follow-up drilling campaign targeting to take account of the insights for these exploration assets that they will have gained from the recent positive diamond core and reverse circulation drilling results.
This follow-up Drilling campaign being timed in the current cooler weather season in Australia will likely promote for faster and hence more cost effective works turnaround to receive results.
Listened to the crux interview a few times as there’s lots of info to digest. Really exciting times !!
For Coringa it looks to be very positive with lots of short/medium/long term optionality coming into play for Serabi on this asset that should positively enhance the related economics.
For Matilda, to add to the previous CEO interview where the “phenomenal grades” from 2 out of 3 of the initial scout holes was being mentioned, we now have a little more meat on the bone given here in this latest interview including with it being outlined that they had been targeting the scout drilling to be shallow depth (within 200 metres) from surface to match with lower capital cost open pit mining prospect. Furthermore he states at 20 mins 19 secs “……2 of the 3 holes have returned VERY MEANINGFUL intersection lengths…..”
In summary, there are typically 3 main aspects you focus on with an exploration asset….the grade, the size and the depth. Just from these first few scouting holes at Matilda we are hearing strong positives from the CEO on all these 3 aspects.
Finding myself wishing the holiday weekend away (almost….LOL) until the market re-opens and they release those Matilda Assay results and next stage exploration plans.
Excellent crux investor interview with the CEO just posted on YouTube.
https://www.youtube.com/watch?v=7_7FHwZ4RlE
Nice Serabi (Matilda etc) summary from BigBiteNow over on Twitter……
https://twitter.com/BigBiteNow/status/1531939891835174912
@easyp………I don’t see any justification for you specifically negatively picking on Serabi, considering the whole precious metals sector (producers, developers and explorers) particularly the juniors have had depressed SP’s compared to 18 months ago for various reasons. The likes of Puregold, Hummingbird, Greatland Gold, etc have had bigger SP % drops than Serabi in that period.
Anyway since you have used the de-ramping term of “ugly duckling”…….I amusingly see that it can turn out to be quite an apt description to use for Serabi, being that with Coringa and Matilda awaiting for near term positive news then it can be foreseen for Serabi to very much be lined up to shortly turn into a beautiful swan.
Happy to have myself positioned here at the current excellent SP value in readiness for the SRB white swan future!!
Afritin CEO has resigned as NED of Bushveld Minerals…..Good to have his full focus on Afritin with all the upcoming development plans.
https://www.lse.co.uk/rns/BMN/appointment-of-independent-non-executive-director-rarxvvawlifqx35.html
Decent size purchase. I’ll take that as positive indication that CAML is ticking along nicely…..
The CEO at 4 mins 42 secs……
“….the copper grades are phenomenal…..”
Phenomenal in the dictionary means:-
very great or impressive, extraordinary
https://www.oxfordlearnersdictionaries.com/definition/english/phenomenal
What have they found ???
The cherry could be bigger than the cake…….just topped up again (15K shares) which caused the ask price to tick up.
Worth reminding folks that on recent interview with the CEO that at backend of it he mentions envisaging a press release for further Matilda details etc by end of May…..that’s within just 6 more trading days.
https://www.brrmedia.co.uk/broadcasts/627cf2729927dc4c27332f0f/serabi-gold-corporate-update/
The Matilda focus seems to be on copper as per the interview and the CEO mentions that Anglo American have been sniffing around…..Noteworthy that Anglo just entered a JV (with ARCM) in Zambia for copper assets at exploration phase……..I can start to see early signs of some dots being formed here that could get joined up together rather nicely in the coming months.
Would love to see Serabi pursue diversification to include for copper etc, with the green energy focus in coming decades expected to lead to rising related commodity prices. Glad to be on board here now before the herd likely picks-up on it (via the next RNS ?) and arrives shortly…..